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Solar Alliance Energy
(SOLR)
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Rating:44Neutral
Price Target:
C$0.02
▼(-25.00% Downside)
Action:Upgraded
Date:01/04/26
The score is primarily weighed down by weak financial performance (declining revenue, ongoing losses, negative equity, and negative operating/free cash flow). Technical indicators are broadly neutral with limited evidence of a sustained trend, and valuation remains unattractive/unclear due to loss-making earnings and no dividend support.
Positive Factors
Renewable-focused EPC business model
Operating as an end-to-end EPC provider in the solar sector aligns the firm with long-term structural demand for decarbonization and distributed generation. Full‑scope services (development, engineering, procurement, construction) position the company to capture project work and recurring O&M opportunities as markets mature.
Negative Factors
Negative shareholders' equity
Material negative equity is a structural capital deficiency reflecting cumulative losses. It constrains financing options, weakens lender and supplier confidence, limits covenant capacity, and often forces dilutive equity issuance or distressed financing if losses continue, undermining long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Renewable-focused EPC business model
Operating as an end-to-end EPC provider in the solar sector aligns the firm with long-term structural demand for decarbonization and distributed generation. Full‑scope services (development, engineering, procurement, construction) position the company to capture project work and recurring O&M opportunities as markets mature.
Read all positive factors
Solar Alliance Energy (SOLR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.95M
Dividend YieldN/A
Average Volume (3M)121.32K
Price to Earnings (P/E)―
Beta (1Y)1.40
Revenue Growth-25.00%
EPS Growth-10.42%
CountryCA
Employees26
SectorGeneral
Sector StrengthN/A
IndustrySolar
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding295,193,940
10 Day Avg. Volume65,066
30 Day Avg. Volume121,318
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)-2.65
Price to Sales (P/S)1.35
P/FCF Ratio-3.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Solar Alliance Energy Business Overview & Revenue Model
Company Description
Solar Alliance Energy Inc., an enterprise founded in 2003 and headquartered in Toronto, Canada, offers a broad spectrum of energy solutions. The company's core operations center on the development, design, sourcing, and construction (EPC) of solar...
How the Company Makes Money
Solar Alliance Energy generates revenue through several key streams. Primarily, the company earns income from the sale and installation of solar energy systems, which includes both equipment and labor costs. Additionally, SOLR may benefit from lon...
Solar Alliance Energy Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
14
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.47M | 5.45M | 7.47M | 4.83M | 3.67M | 3.50M |
| Gross Profit | 677.26K | 1.57M | 1.07M | 454.29K | 663.58K | 914.10K |
| EBITDA | -1.50M | -620.11K | -1.77M | -2.66M | -372.57K | -1.16M |
| Net Income | -1.57M | -684.13K | -1.81M | -2.75M | -448.86K | -1.37M |
Balance Sheet | ||||||
| Total Assets | 866.77K | 995.54K | 1.80M | 3.70M | 3.06M | 581.28K |
| Cash, Cash Equivalents and Short-Term Investments | 31.36K | 9.70K | 702.99K | 650.06K | 2.17M | 1.88K |
| Total Debt | 400.54K | 227.62K | 137.50K | 1.56M | 0.00 | 911.81K |
| Total Liabilities | 5.13M | 3.78M | 4.11M | 5.14M | 2.15M | 6.33M |
| Stockholders Equity | -4.27M | -2.79M | -2.30M | -1.44M | 904.30K | -5.75M |
Cash Flow | ||||||
| Free Cash Flow | -134.91K | -1.85M | -384.77K | -2.17M | -3.81M | -379.82K |
| Operating Cash Flow | -114.41K | -1.83M | -374.01K | -1.48M | -3.64M | -379.82K |
| Investing Cash Flow | -20.49K | -20.49K | 83.10K | -688.73K | -178.07K | 0.00 |
| Financing Cash Flow | 157.92K | 845.00K | -127.50K | 653.75K | 5.98M | 336.07K |
Solar Alliance Energy Technical Analysis
Negative
0.02
Price Trends
0.01
Neutral
0.01
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
22.95
Positive
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOLR, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 22.95 is Positive, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SOLR.
Solar Alliance Energy Peers Comparison
UnderperformOutperform
Sector (55)
TSE:SOLR
Solar Alliance Energy
0.01
-0.01
-50.00%
TSE:ACU
Aurora Solar Technologies
0.01
-0.01
-50.00%
TSE:NKW.H
Oceanic Wind Energy
0.10
0.03
42.86%
TSE:OEC.H
Oracle Energy
0.16
0.11
287.50%
TSE:CBLU
Clear Blue Technologies International
0.04
-0.05
-58.82%
TSE:SUN
Stardust Solar Energy Inc.
0.05
-0.07
-58.33%
Solar Alliance Energy Corporate Events
Business Operations and StrategyExecutive/Board Changes
Solar Alliance Expands US Footprint With Appointment of New Sales Director
Positive
Dec 19, 2025
Solar Alliance Energy has appointed former Distributive Solar owner Erik Melang as Sales Director, consolidating the Distributive Solar and Nashville Solar Works brands under its banner to expand its presence across the Southeastern United States....
Business Operations and StrategyFinancial Disclosures
Solar Alliance Energy Reports Q3 Losses Amid Industry Challenges, Eyes Future Growth
Negative
Dec 2, 2025
Solar Alliance Energy Inc. reported disappointing financial results for Q3 2025, with significant declines in revenue and increased operating losses compared to the previous year. The company faced challenges due to a difficult solar industry envi...
Business Operations and StrategyExecutive/Board Changes
Solar Alliance Energy Announces Leadership Changes
Neutral
Nov 21, 2025
Solar Alliance Energy Inc. has appointed Jawad Chughtai, its Chief Financial Officer, as the new Corporate Secretary following the resignations of Monique Hutchins and Anton Shihoff from their respective roles. This leadership change is part of So...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.